When Tennessee couples get divorced, it could have an impact on their businesses. This can be true whether a married couple owned the company jointly or if one person owned it before or during the marriage. In some cases, it will be necessary to sell the business even if that is not what either party wants to happen. However, a divorced couple may choose to run the company together after it becomes official.
Many Tennessee couples know that certain behaviors contribute to marriages breaking up. These include sarcasm, criticism, stonewalling and contempt. Contempt has actually been identified as the main predictor of divorce. There are other silent relationship killers as well.
In most Tennessee divorces, a home is the largest single asset belonging to the couple. When assets need to be divided, splitting property can be problematic. Both parties may want to continue residing at the home or one partner might not wish to remain on the mortgage.
Some Tennessee residents who are going through a divorce may suspect that their spouses are hiding income. One way to determine if this is true or not is to look over their federal income tax return. This document can contain a variety of clues as to a spouse's true financial picture. For instance, a person could discover if a husband or wife is paying more than necessary to the IRS.
When Tennessee parents decide to divorce, the winter holidays can be an especially difficult time for all members of the family. This is particularly true when the divorce or separation is fresh as family members have had little chance to accustom themselves to the changes in family circumstances. Both parents and children may face emotional fallout during the holidays after a divorce, but parents can act to make the experience better for their children.
Divorce is often a time of upheaval and great emotional stress during which spouses are expected to make a series of important financial decisions. The choices made during alimony and property division negotiations can cast long shadows, but divorcing couples in Tennessee who approach these matters dispassionately and listen to the advice of their attorneys, accountants and financial planners may be able to avoid some common pitfalls.
Some scientists say that the premarital cohabitation effect is not a real phenomenon. However, new research says that Tennessee couples could be impacted by it over the long-term. According to the authors of the study, cohabitation before marriage offers a benefit for the first year of marriage. However, it becomes a factor in whether a couple divorces each year thereafter. Other research concluded that this impact would be negated as cohabitation became more common and accepted.
Many Tennessee estranged couples know that divorce can be extremely stressful for people of all ages. However, research suggests that ending a marriage can be especially hard on people at or over the age of 50, causing a number of physical and psychological issues.
Millennials in Tennessee may be seeking prenuptial agreements in higher numbers than couples from previous generations. In the past, prenups were mostly associated with celebrities and other wealthy people, but in more recent years, that has changed. A survey by the American Association of Matrimonial Lawyers found that almost two-thirds of attorneys reported an increase in prenups over the last three years, and about half said more millennials were seeking them.
There are a range of sudden financial changes that accompany divorce. Often, people in Tennessee find it more difficult to move past the financial aspects of the end of a marriage than the practical or even the emotional aspects. In fact, divorce is often the occasion for financial surprises that can change a person's perception of the financial health of the marriage or his or her plans for the future. One study interviewed 1,785 divorcing or divorced women and found that nearly half experienced major financial surprises.